Answer:
$ 28.85
Explanation:
Total amount = (200 × $ 25) + ( 200 × $25 × 0.5) = $ 7500
Maintenance margin = (total amount - ( number of shares × price)) / number of share × price
0.3 = (7500 - 200 p) / 200 p
0.3 × 200 p = 7500 - 200 p
60 p + 200 p = 7500
260 p = 7500
p = $ 28.85
Answer:
There is an opportunity cost to going to the movie and he should leave the movie.
Explanation:
Yes, there is an opportunity cost involved when the person goes for the movie. The opportunity cost will the work that he can do instead of going to the movie. For instance, if the person has the option to study or to watch a movie and he chooses the movie then the opportunity cost is the study. Moreover, he should leave the movie because it is terrible and if he does other work by leaving the movie then he will be benefited because the opportunity cost of doing other work will be lower.
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
3. Canada has a comparative advantage, relative to other countries, in producing baseball bats.
Explanation:
Comparative advantage is the ability of the country to produce good or services for a lower opportunity costs for example the oil producing countries have comparative advantage in chemicals.
Options 1,2 and 4 are incorrect .
Absolute advantage is the ability of a country or region to produce greater quantity of units with the same no of inputs in the same time.
